NEMA Net Effective Market Activity™ (© 1990 NEMAsystem.com)
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Indicators using the NEMA components for these futures:
S&P 500
SUGAR11
COTTON YEN
BEANS
COPPER
Home: This is a free site. The above futures links are being developed to show how a new technical analysis procedure can be used for evaluating futures contracts.
The indicators shown on the futures charts are based on the NEMA components, which represent an estimate of the daily net activity. This net activity is derived from the daily changes in price, volume, and open interest. It is not based in any way on the weekly commitments of traders (COT) data.
As pointed out in the "NEMA Data" link, these components, and the basic inputs that produced them, are given for the S&P 500 (SP) contracts. Input data for other contracts may be added later. All of the indicators and signals on this site were produced using this data with the basic equations given in the "About NEMA" and the "Equations" links. More importantly, the data can be used to generate new indicators.
The "Acronym" link defines the variables and acronyms used, the "Equations" link lists basic equations used to develop the Microsoft Excel charts and the "Cautions" link defines the limitations of this site and its presented data.
Just as the Black and Scholes pricing model is the benchmark for pricing options, the use of NEMA components may well become the new benchmark for technical analysis studies.
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